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119 W North St, Geneseo, IL, 61254

4beds
4baths
--sqft
$315,000
--price/sqft
$2,454/moest. monthly cost
$98,160/yrincome needed

About This Home

Prime turn-key investment opportunity in the heart of Geneseo! This fully occupied 4-unit residential property offers instant, steady cash flow from day one for both seasoned investors and those looking to expand their portfolio. Unbeatably situated on the corner of West North Street and Center Street, the property sits directly across from the park and is just a short walk to historic downtown Geneseo's vibrant local shops, dining, and community events. Each of the four clean, low-maintenance units features a comfortable one-bedroom, one-bathroom layout with a strong history of consistent occupancy. Tenant appeal is further enhanced by an on-site basement laundry facility, individual unit thermostat controls, and a detached three-car garage that provides convenient off-street parking alongside potential extra monthly rental revenue. What truly sets this property apart is its commercial zoning, opening up unique possibilities to convert the building into a lucrative Airbnb, or charming bed and breakfast in a prime tourist-friendly location. Combining an unbeatable central setting, high versatility, strong rental history, and low turnover, 119 W North St is a standout multi-family asset built for long-term growth

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

7/10
6/10
Geneseo Middle SchoolGrades 6-81.0 mi
9/10
Geneseo High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar,Stone
  • Roof: Slate
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating

  • Heating features: Steam

Property

Details

  • Parcel number: 0821140016
  • Zoning: COMMR
  • Special condition: None

Lot

  • Lot size: 10,018 sqft
  • Features: Level

Parking

  • Total spaces: 6
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Lightning
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$244$2,928
Property Taxes $488$5,856
Electricity $130$1,569
Total$2,454$29,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,137/yr
40% on housing$73,620/yr
45% on housing$65,440/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 61254$152
Henry County$113

vs Homes Sold Last Month

Median $/sqft

ZIP 61254$112
Henry County$91

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$315,000
2022-07-05Listing removed--
2022-06-28Listed for rent$775
2021-07-29Sold$179,500
2021-05-26Sold$15,000
2016-01-05Sold$179,500

For Sale by Agent

AgentAshley Block
BrokerageRuhl&Ruhl REALTORS DeWitt

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